Vista Equity Buys Sage Healthcare Division, Renames Company

Nov. 16, 2011
San Francisco, Calif.-based Vista Equity Partners announced it has completed its acquisition of the Sage Healthcare Division. The new company will be
San Francisco, Calif.-based Vista Equity Partners announced it has completed its acquisition of the Sage Healthcare Division. The new company will be called Vitera Healthcare Solutions (Vitera), which will continue serving the ambulatory market with its current line of electronic health records (EHR), practice management and revenue cycle management products. Vitera's products include Intergy, Intergy EHR, Practice Analytics, Practice Portal, STS, as well as the ground breaking Medical Manager practice management product. Vitera serves more than 400,000 healthcare professionals including 80,000 physicians and its products are used by approximately 20 percent of all community health centers in the United States, and process more than 33 million transactions and 1.8 million e-prescriptions monthly. As part of the closing of the transaction Betty Otter-Nickerson, former President of Sage Healthcare Division, will be transitioning her leadership responsibilities to the newly appointed chief executive officer of Vitera, Matthew Hawkins. Otter-Nickerson will remain a part of Vitera to support the transition for the remainder of the year. More than 13.5 million patient interactions are recorded each year using Vitera's solutions, which are a fit-to-need for more than 20 specialty concentrations representing more than 88 percent of the total ambulatory healthcare market, including primary care, OBGYN, pediatrics, cardiology, orthopedics, endocrinology, gastroenterology, geriatrics, multi-specialty, urology, general

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